Imo Govt budgets N141.2 Bn for 2015 fiscal year.

Governor Okorocha presenting the 2015 budget proposal to the members of IMHA

The Imo State Governor, Owelle Rochas Okorocha has presented a budget of one hundred and forty-one billion, two hundred and nineteen million, one hundred and thirty-three thousand, eight hundred and forty-nine Naira [N141,219,133,849] to the Imo State House of Assembly for the 2015 fiscal year.

The budget christened “Budget of total Rescue and Sustainability”, has forty three percent allotted to recurrent expenditure while outstanding fifty seven percent will be used for capital projects.

Speaking during the budget presentation to State House of Assembly on Thursday 31^st December 2014, Governor Okorocha explained that the policy thrust of 2015 budget is derived from the rescue mission agenda of the present administration which is anchored on the four year development plan, that derived its bearing from the vision of the administration, namely- Belief in God, free education, Mass Infrastructural Development and Increased Agriculture Production to ensure food sufficiency and sustainability.

He further said that in 2015 fiscal year high priority will be accorded to projects that will grow the economy, create employment, increase revenue generation capacity as well as touch on the lives of Imo people.

The Governor expressed appreciation to the members of the legislature for their partnership, cooperation, patriotism and sacrifices.

He however noted that the challenges that face the State require the support of all Imo citizens irrespective of their political inclinations and therefore called on all to join hands with government to rescue the State from all political quagmires;

  “We shall all realize that we have no other State that we will call our own, except Imo” the Governor concluded.